That’s a clunky title for this post, but I couldn’t think of any other way of expressing the potential political impact of a very muddled employment situation.

Let’s start with the obvious. The White House is very happy about the recent numbers showing that the unemployment rate has dropped to 7.8 percent. And since I predicted a long time ago that Obama would win reelection if the joblessness rate dropped under 8 percent, I can understand their relief.

P.S. Apologies for being underdressed. I was in Virginia Beach for a softball tournament and didn’t expect to be in front of a camera (and I wasn’t full of smiles since my one-a-year achievement didn’t occur until the following day).

But in all my years of blogging, I’ve never found a worthwhile cartoon on the death tax.

So I was very pleased when a professor of tax law gave a presentation in the Cayman Islands earlier this week and showed this clever cartoon about the death tax. He was kind enough to share it with me so I could share it with you.